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Gray Box Cannabis Flex Suite
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21445 Hoover Rd, Warren, MI 48089

Gray box flex space in Phase II of Emerald Business Park with finished roof structure and garage door access.

Property Size22,000 SF
Days on Market473

Property Features for 21445 Hoover Rd

General Information

Standard status Active
Size 22,000 SF
Property subtype INDUSTRIAL
Lease Type SF/yr
Listing Agency: Iconic Real Estate
Listed By: Jacob Sworski
Source: Moodyscre
Added: Apr 16, 2025 Changed: Jul 26 Last Checked: Jul 31 at 1:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iconic Real Estate

Investment Insights

Based on property information with market context.

This offering is Phase II flex space in Emerald Business Park, available in proposed three-suite configurations. The space is delivered in gray box condition, with an exterior and finished roof structure plus a garage door. An open layout is ready for tenant build-out.

The property is described as suitable for cannabis grow, processing, or transport, with 10,000 to 79,500 square feet noted as available across the proposed suites.

Suites are proposed at 17,500, 22,000, and 40,000 square feet, offering flexibility for different operational needs within the provided build-out scope.

Key Highlights

  • Gray box flex space in Phase II of Emerald Business Park
  • 10,000–79,500 SF available in proposed suites of 17,500 SF, 22,000 SF, and 40,000 SF
  • Finished roof structure plus exterior and garage door included

Property Analytics

Current Use

On the Go Michigan Transport Freight Service RWB Michigan Industrial Manufacturer JK Logix - Warren ... Freight Service Emerald Business Park Business Park

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 48089, MI

32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Gray box flex space in Phase II of Emerald Business Park with finished roof structure and garage door access.
Where is this cannabis property located?
The property is located at 21445 Hoover Rd Warren, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Gray box flex space in Phase II of Emerald Business Park; 10,000–79,500 SF available in proposed suites of 17,500 SF, 22,000 SF, and 40,000 SF; Finished roof structure plus exterior and garage door included
(313) 603-4266 Call to check price and availability
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